Russia Can Develop Without Inflow Of Foreign Investments
Russia’s economy is able to recover their funds for domestic investors. Meanwhile, the benefits and positive results from many foreign investments is very doubtful. This opinion was expressed Rosbalt Elena Rumyantsev, professor of finance and industrial economy of the Russian Academy of State Service under the President of Russia. “The Russian Federation will be able to stand up from a long restructuring and many mistakes reformers who are restricted from foreign investment. Otherwise, for example, a company like ROSNEFT could be the main sponsor of the Olympic Games in Sochi? “, – The expert said. Large investments overseas investors, according to experts, is not planned. “A development of depth of Sakhalin – not good for Russia – she explains. – Manufacture of food products through the installation for domestic refineries and Enterprise outdated equipment and technology of foreign investors leads to a significant reduction in the release of quality food for the population.
” According to Rumyantseva, due to very low efficiency, which is carried out to date, the state investment policies, Russia, according to UNCTAD, a country that receives foreign direct investment more than anyone else. The main ways to attract them is the registration in Russia of those enterprises which operate entirely by foreign capital, by reason of joint ventures or through the sale of various foreign firms to large blocks of shares owned Russian joint stock companies. Another way to attract foreign direct investment at the expense of establishing free economic zones in certain regions of the country. Another way – the basis of concessions and agreements on the division of products. However, the latter method is not widespread in Russia, while in others it is very popularity. To a lesser extent than in other countries, in Russia the free economic zones. The main objectives of the State Government in this regard, according to experts, is to prohibit the exportation of money from Russia, the maintenance of domestic and not foreign, capital, and the fight against corruption in the investment sector, hurt by a significant and identical to the size of the consolidated budget.
Tags: Banks and credit, financial
